list price

While the sticker prices are lower than the official list prices of the prescription drugs, patients with insurance that covers the medicines are generally better-served using traditional pharmacy channels.

Further, two of three patients with commercial insurance pay from their deductible or coinsurance based on the drug’s list price, which is almost always higher than the cash price.

That is a sharp drop from list prices that not long ago topped $1,000 a month.

Typically, under the previous system, a customer’s copay was based on a high list price set by the drug company, while pharmacy benefit managers like Evernorth negotiated a rebate that was paid back after.

Properties are spending more days on the market, and fewer are selling over list price compared with a year ago.